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Revealed: The UK’s top startups

by LLB Reporter
1st Oct 18 6:27 am

LinkedIn, the world’s largest professional network, today announced its second annual LinkedIn Top Startups list, ranking the 25 UK startups most sought-after by LinkedIn members and celebrating innovation and entrepreneurship in the country.

London-based businesses dominate the UK-wide list, cementing London’s status as a thriving business hub. 24 out of 25 of the companies are headquartered in the capital, which has already proved its ability to foster success stories like Improbable and Revolut, two of only thirteen British unicorns (a company valued at over $1bn) — and both LinkedIn Top Startups

Monzo Bank, who tops the list for the second year running, is shortly expected to join the coveted club of British unicorns after announcing its upcoming funding round. The bank is in good company with 25% of the LinkedIn Top Startups UKlist made up of other challenger banks, and over half (56%) by tech startups.  Amongst others, Babylon Health, an NHS-partnered health consultation app, GoCardless, a B2B payment solution, and DAZN, a live sports streaming service, show the diverse range of industries flourishing in the capital.

Based on a LinkedIn survey of the companies, 2,170+ new jobs have been created in the past year (July 2017 to July 2018) with an additional 2,700+ forecast for the coming 12 months.

The ranking is informed by the billions of actions, including job searches and company page views, taken by LinkedIn’s 575 million members around the world, including more than 25 million UK professionals. It reveals the startups where UK professionals most want to work.

This year’s top ten most sought-after startups in the UK are:

  1. Monzo Bank – digital, mobile-only challenger bank
  2. Gymshark  – workout clothing and accessories
  3. Revolut – prepaid debit card, currency exchange and peer-to-peer digital bank
  4. ClearBank – UK’s first new clearing bank in over 250 years
  5. Skinnydip London – fashion brand offering a range of beauty, travel and tech products
  6. DAZN – subscription-based live sports streaming service
  7. Improbable – distributed simulation software developer
  8. Charlotte Tilbury – makeup, skin care and beauty collection
  9. Blockchain – cryptocurrency storage and trading platform
  10. Talentful – in-house recruitment specialists

Orlando Crowcroft, UK news editor at LinkedIn, commented: “Our list this year represents a diverse range of industries, from digital marketing to fintech, and shows how British tech startups are changing everything from the way we save money to how we find a job or buy a house. At a time of economic and political uncertainty, these 25 companies are putting innovation and invention at the forefront of what they do. Our data tells us that these startups are not only seeing incredible growth, but are the places where LinkedIn members want to work. It is easy to see why.”

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